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Škoda Auto ended production of batteries for plug-in hybrids of Volkswagen Group (536,433 batteries for Škoda Octavia, Superb, VW Arteon, Passat, Golf, Tiguan, Multivan, Audi A3, Q3, Q4, SEAT/Cupra Leon, Formentor, Tarraco in 2019-2024; daily production capacity of 850-900 units) in Mladá Boleslav, Czechia in April, production of second generation of batteries with higher capacity and range of over 100 km (for PHEVs including Škoda Superb iV, Kodiaq iV) taken over by Volkswagen plant in Braunschweig, Germany. In released hall, Škoda Auto to install 3rd line for high-voltage traction batteries for battery electric vehicles (MEB+, assembly from cells using Cell-to-Pack technology), complementing adjacent 2 lines (GS3.1+GS3.2, MEB, assembly from LG and CATL modules, daily capacity 1520/1020+500 units for BEVs including Škoda Enyaq, Enyaq Coupé, VW ID.4, ID.5, Audi Q4 e-Tron, Ford Explorer)
October 15, 2024 | 03:21pm CETflashread more
National Development Bank (NRB) accepted applications for 5,468 electric vehicles in Czechia during six and half months (29 weeks, March 18 – October 3) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Greatest interest is in Tesla cars (2,449 vehicles), followed by Volvo (503), Volkswagen (472), Škoda (444), BMW (273), MG (255), Hyundai (142), Mercedes (140), Kia (100), SsangYong (91), Toyota (87), Renault (76), Ford (62), BYD (55), Dacia (52), Peugeot (43), Citroën (40), Fiat (40), Mini (35) and others (168)
October 15, 2024 | 03:04pm CETflashread more
ESG: Tesa (Beiersdorf Group; manufacturer of adhesive tapes, other products for automotive industry, other industries with 5,200 employees in Germany, Italy, China, USA, Vietnam; more than 130 tapes for electric cars; sales of EUR 1.7 billion in 2023) started preparing with Hamburger Energienetze (formerly Gasnetz Hamburg) connection of plant in Hamburg-Hausbruch, Germany (500 employees) to hydrogen network HH-WIN (Hamburger Wassertsund-Industrie-Netz/Hamburg Hydrogen Industrial Network) with aim of manufacturing first adhesive tapes using green hydrogen in 2027, save around 6,000 metric tons of CO2 emissions caused by production each year, completely replace natural gas by 2030. Company to invest approximately EUR 300 million in decarbonization in coming years to achieve climate-neutral production by 2030 (2023: -38% compared to 2018), reduce indirect supply chain emissions by at least 20% (2023: -15%). Since 2020, Tesa has been purchasing 100% of electricity from renewable sources and is increasingly relying on its own production by building photovoltaic (PV) power plants, latest solar park in Offenburg, Germany to cover around 25% of site's electricity requirements from 2025
October 14, 2024 | 02:56pm CETflashread more
GlobalData cut 2024 Western European new car sales outlook by 40,000 units from 11.51 million (-0.4%) to 11.47 million (-0.8%)
October 14, 2024 | 02:52pm CETflashread more
Aures Holdings (AAA Auto, Mototechna, Auto Diskont, Driverama) sold 9,266 used vehicles in September, 29,271 units in Q3 (+11%), record 83,219 cars and vans in Q1-3 (+11%; HEVs +73%, 602 BEVs +166%). Group currently sells over 320 vehicles per day, expecting to sell up to 110,000 cars in 2024 (+12%) based on current trend
October 14, 2024 | 02:47pm CETflashread more
The Extra Mile by Equip Auto 2024: Equip'Auto SAS to hold conference on automotive aftersales, services in Paris, France on October 16. Representatives of BMW Group, Renault Group, Stellantis, Continental Automotive, Forvia, Valeo, Allianz, Capgemini, Inovev, LKQ, Mobilians, Orsay Consulting, Solera, FIEV, FIGIEFA, France AutoTech, PFA to speak at event
October 11, 2024 | 10:57am CETflashread more
Floods in Czechia: Pillow Pojišťovna registered 589 claims (including 32 damaged vehicles) in expected volume of tens of millions of korunas (millions of euros) until September 20, 6:00pm. Insurance company estimates total number of damages from high water at less than 1,000
October 11, 2024 | 10:41am CETflashread more
Mondial de l'Auto Paris 2024: BMW Group (BMW, Mini, BMW Motorrad), Chery (Moke), Dongfeng (Forthing), GM (Cadillac), Renault Group (Renault, Renault Pro+, Dacia, Alpine, Mobilize), SAIC (Maxus), Seres/Huawei (AITO), Stellantis (Alfa Romeo, Citroën, Peugeot, Leapmotor), Volkswagen Group (VW, Audi, Škoda, Mobility Solutions), Aixam-Mega, BYD, Dangel, Delage, Devalliet, Devinci, Eon Motors, Ford, GAC, Hongqi, Iveco, Kia, Kilow, Ligier, Lormauto, Microlino, Pantore, PGO, Pilotcar, Skyworth, Softcar, Tesla, THK, XPeng, Automotive Cells Company (ACC), Alpitronic, AutoScout24, Crédit Agricole Personal Finance & Mobility, Cybex, Deloitte, Eaton, EDF, Ekoenergetyka, Engie, Forvia, Schneider Electric, STMicroelectronics, TotalEnergies, Valeo, Vinci Autoroutes, Xing Mobility to join Paris Motor Show in France (October 14-20)
October 10, 2024 | 12:26pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.3% m/m in September, by 1.7% y/y (new: -0.1%, +1.6%; used: -0.4%, -3.9%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-0.1%, +0.0%), spare parts and accessories (+1.1%, +5.9%), fuels and oils (-4.8%, -11.2%), maintenance and repairs / service works (+0.2%, +8.5%)
October 10, 2024 | 12:12pm CETflashread more
National Development Bank (NRB) accepted applications for 4,686 electric vehicles (4,684 passenger cars, 2 trucks up to 4,25 tonnes), 1,937 charging stations (1,775 AC, 89 DC up to 40 kW, 71 DC above 40 kW) in Czechia during almost six months (26 weeks, March 18 – September 11) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Plan to subsidize 4,055 ZEVs and 1,500 charging points fulfilled ahead of time, we currently anticipate 6,000-7,000 supported vehicles and 2,200-2,300 charging points, Muřický (MPO) said
October 10, 2024 | 12:04pm CETflashread more
Trends in Insurance Industry of Czechia & Slovakia 2024: Conforum to hold 10th conference on Czech, Slovak insurance market in Prague, Czechia on October 24. Representatives of Colonnade Insurance, Kooperativa, ČPP (Česká podnikatelská pojišťovna), BNP Paribas Cardif, Uniqa, Slavia Pojišťovna, Pillow Pojišťovna, Deloitte, MF (Ministry of Finance of Czech Republic) to speak at event
October 9, 2024 | 11:47am CETflashread more
PwC revised 2024 Czech new car registrations forecast from 225,000-235,000 units (+2% to +6%, 2023: 221,422) to 225,000-227,000 units (+2% to +3%), based on development to date (Q1: +2.2%, Q2: +4.1%, Q3: +1.5%). Demand for cars is still affected by weaker economic growth. Currently, however, we are already observing gradual small improvements – in particular, decrease in inflation and interest rates together with moderate economic growth, Štefek said, adding that GDP in Q2 2024 increased by 0.6% y/y and stronger growth of Czech economy is expected as late as 2025 (2.7-2.8%)
October 9, 2024 | 11:38am CETflashread more
Component manufacturers
Takata allegedly to ask for bankruptcy protection from creditors in few days
June 22, 2017 | 11:35pm CEToriginalSubsequently, the company will pursue a bailout from one Japanese bank. The company’s comment...
read moreMBtech to expand one development centre in Czech Rep
June 21, 2017 | 11:31pm CEToriginalLocation, new halls, amount of investment, services, timing, HR, clients...
read moreFour automakers settled Takata airbags lawsuit in US
June 20, 2017 | 02:55am CEToriginalBMW, Toyota, Mazda and Subaru have agreed on an out-of-court settlement of thus mass lawsuit. The lawsuits filed against Honda, Ford and Nissan have not yet been settled by such an agreement...
read moreTakata is about to declare bankruptcy
June 18, 2017 | 10:48pm CEToriginalUnder the restructuring plan, it is reportedly ceasing the production of airbag inflators and other products will be sold under a new brand. Partners, timing, agreement with the US government...
read moreBosch to reportedly build new plant in Europe
June 15, 2017 | 11:52pm CEToriginalThe firm has not confirmed the information. Alleged location, amount of investment, products, timing, HR, subsidies, alliance with Daimler...
read moreLegends 2017: Fourth year to be attended by more than 15 automakers and dealers again
June 7, 2017 | 11:40pm CEToriginalDate, main themes, exhibitors, presented brands, exhibits and their value, guests, partners, clubs, official car...
read moreBosch to take over Italian supplier responsible for loss of BMW production
June 6, 2017 | 11:38pm CEToriginalThe profile of a downsizing family company, Albertini Cesare, products and clients, unpublished transaction value likely reflecting penalties for supply outages...
read moreProblems of subcontractor affected BMW production in several countries
May 29, 2017 | 11:50pm CEToriginalIt is a supplier to Robert Bosch. Locations, models, components, timing, estimated damage, not-produced cars...
read moreDieselgate: German prosecutor's office also investigates Bosch in Daimler case
May 29, 2017 | 12:11am CEToriginalThe Prosecutor's Office is investigating Bosch employees for suspicion of aiding emissions fraud. Timing, the supplier's expression...
read moreMann+Hummel makes changes in organizational structure in Eastern Europe
May 23, 2017 | 11:42pm CEToriginalRelated changes in the Czech Republic, personnel changes in Czech subsidiaries...
read moreDieselgate: US court approved Bosch agreement with consumers and used car dealers
May 22, 2017 | 11:34pm CEToriginalIt happened half a year after the agreement had been reached. However, the company did not admit a conscious share in manipulations or any misconduct. Financial conditions…
read moreSlovenia sold Cimos
May 22, 2017 | 12:29am CEToriginalThe buyer, transaction value, planned investments, products and clients...
read moreSchaeffler plant in Germany hit by explosion
May 16, 2017 | 11:32pm CEToriginalA total of 13 people were injured. Location, products, influence on production and surroundings...
read moreJuricek (AutoSAP, Brano): Automotive companies in Moravian-Silesian Region need to take on 2,000 people
May 16, 2017 | 12:42am CEToriginalThe lack of workers often prevents them from increasing production. Recruitment of foreigners, retraining program for miners, cooperation with schools, school system in the Czech Republic and Germany...
read moreBosch to sell starters division
May 2, 2017 | 11:57pm CEToriginalThe transaction still has to be approved by antitrust authorities. Buyers, price, profile of the division...
read moreTesla recalls 53,000 cars
April 26, 2017 | 12:51am CEToriginalReasons, models, years of production, problematic components, supplier...
read moreVZP wants to expand in car insurance
April 23, 2017 | 11:48pm CEToriginalCNB damage liability license for a subsidiary, enhancement of equity, present and new products, timing, clients, business plans, target group...
read moreAudi suspended production of two models at one plant
March 30, 2017 | 01:08am CEToriginalThe reason is the lack of parts due to a fire at a supplier. Location, models, timing, production volume, HR...
read moreHP Pelzer plant hit by fire
March 29, 2017 | 02:50am CEToriginalNo one was seriously injured. Location, damage assessment, contingency plans for security of supplies to clients...
read moreDozens of Czech companies supply components to Skoda Kodiaq
March 23, 2017 | 11:42pm CEToriginalThese include 3M, AGC, Benteler, Continental, Fehrer, Gumotex, Hella, HP-Pelzer, KS Kolbenschmidt, Mubea, Plastika, SaarGummi, TRW or Witte. Comment…
read moreEC fined six car parts makers for cartel
March 22, 2017 | 11:06pm CEToriginalThe companies concerned, products, supplies for eight automakers, duration, the amount of sanctions...
read moreAmper 2017: 25th year of fair to be attended by over 30 EVs and HEVs
March 20, 2017 | 11:00pm CEToriginalBesides cars, it will be vans, motorcycles, bicycles and scooters. The conferences, Toyota, Lexus, Nissan, VW, Audi, Volvo, Land Rover, Hyundai, Kia, BMW or Tesla cars at Amper Motion...
read moreEC fined cartel agreement on purchase prices of batteries for recycling
March 20, 2017 | 10:07pm CEToriginalOne company avoided the fine, as it had warned of the cartel. Companies concerned, countries, duration, means of communication, the amount of sanctions, the size of the EU market...
read moreMagna selects location in Europe for its second plant for contract car production
March 17, 2017 | 01:57am CEToriginalThe factory in Austria is running at full capacity. Considered location, amount of investment, HR, capacity, four stages, state aid...
read moreCar of the Year 2017 in Czech Rep became Skoda Kodiaq
March 15, 2017 | 11:57pm CEToriginalPoint spacing of the finalists, delayed publication of the results, traditional and new secondary categories, the lack of nominations and evaluation of judges, sponsors, media partners...
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